UAE investors can now make automated ETF investments, gaining access to funds across ten stock markets.
Wio Invest and Lunate have partnered to introduce recurring orders for Lunate Chimera ETFs, making Wio the first UAE broker to offer this service. ETFs, or Exchange Traded Funds, pre-define baskets of bonds, stocks, or commodities, enabling investors to access diverse markets effortlessly.
Recurring orders allow users to automate weekly or monthly purchases of Chimera ETFs in UAE dirhams, helping investors build consistent habits and long-term portfolios. Lunate’s Chimera ETFs provide access to local, regional, and global markets, covering ten stock markets, two fixed-income products, and multiple equity markets.
Marwan Binhashim, General Manager of Wio Securities, stated: “Our collaboration with Lunate introduces innovative and user-friendly investment tools for UAE residents. Recurring orders enhance our platform, enabling investors to confidently grow their wealth.”
Sherif Salem, Partner at Lunate, said: “These ETFs offer exposure to global and emerging markets in UAE dirhams, empowering investors to diversify their portfolios while investing locally.”
Abdulla Salem Alnuaimi, CEO of ADX, highlighted: “This partnership supports ADX’s mission to enhance investor opportunities by providing seamless access to financial markets.”
Fully regulated by the Securities and Commodities Authority (SCA), Wio Invest prioritises secure transactions and aims to be the UAE’s leading platform for innovative investments.
